Current Assets
Work in process
Year-over-year, this metric grew by 819.4%, from $722.00K to $6.64M. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
StatementBalance Sheet Statement
SectionCurrent Assets
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ4 2015
Last reportedQ3 2025
Parent metricInventories
How to read this metric
An increase may indicate production bottlenecks or scaling efforts, while a decrease suggests efficient throughput or reduced manufacturing activity.
Detailed definition
Represents the value of goods that have entered the production process but are not yet finished. For a manufacturer like...
Peer comparison
Peers in medical device manufacturing typically maintain lean WIP levels to optimize cash conversion cycles.
Metric ID:
inv_work_in_progressHistorical Data
8 periods
| Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | |
|---|---|---|---|---|---|---|---|---|
| Value | $0.00 | $626.00K | $2.03M | $722.00K | $1.22M | $0.00 | $0.00 | $6.64M |
| QoQ Change | — | — | +224.8% | -64.5% | +68.4% | -100.0% | — | — |
| YoY Change | — | — | — | — | — | -100.0% | -100.0% | +819.4% |
| % of Inventories | 0.0% | 0.3% | 1.2% | 0.2% | 0.5% | 0.0% | 0.0% | 2.3% |
| Share Change | — | +0.3pp | +0.8pp | -0.9pp | +0.2pp | -0.5pp | +0.0pp | +2.3pp |
Range$0.00 – $6.64M
Avg YoY Growth+206.5%
Median YoY Growth-100.0%
Work in process at Other Companies
Frequently Asked Questions
- What is Cadence Design Systems's work in process?
- Cadence Design Systems (CDNS) reported work in process of $6.64M in Q3 2025.
- How has Cadence Design Systems's work in process changed year-over-year?
- Cadence Design Systems's work in process increased by 819.4% year-over-year, from $722.00K to $6.64M.
- What does work in process mean?
- The value of goods currently in the middle of the manufacturing process.